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  • $503,000

    5049 Penn Ave S, Minneapolis, MN 55419

    3beds
    1,703sqft
    Single Family
    Built in 1924
    5,227 Square Feet Lot
    $502,900 Zestimate®
    $295/sqft
    $3,573 Estimated rent

    Home value

    $502,900

    $473,000 - $538,000

    $3,573/mo

    Zestimate® history
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    What's special

    Welcome to 5049 Penn Avenue South, a charming home located in the Lynnhurst neighborhood. From the moment you arrive, the inviting front porch with its classic bench swing offers a welcoming and relaxed tone. Step inside to find lovely hardwood floors, warm wood trim and a bright main floor living room. The adjacent formal dining room features elegant built-in corner cabinets that flow naturally into an updated kitchen equipped with rich cabinetry and stainless steel appliances. Upstairs, you will find 3 bedrooms accompanied by a full bath. The fully finished lower level expands your living space with a spacious family room featuring a gas fireplace and a full bathroom complete with an arched tub alcove. Outside, enjoy a private, fully fenced backyard anchored by a paver patio that is perfect for outdoor dining or evening relaxation, as well as an oversized 2-car garage with an adjacent outdoor parking spot. Beautifully combining timeless character with comfortable modern living, this move-in-ready home is ready to welcome its next owner. Just blocks to Lake Harriet and a short walk to restaurants and shops. Don't miss this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad and Amy McNamara 612-805-8785,

    Compass,

    Mollie McNamara 612-875-1270

    Bought with:

    Bridgette L Prew

    Redfin Corporation

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7122071MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bedroom 2
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11 x 11
    Bedroom 3
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 11 x 10
    Dining room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Family room
    • Level: Lower
    • Area: 418 Square Feet
    • Dimensions: 22 x 19
    Kitchen
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11 x 11
    Living room
    • Level: Main
    • Area: 228 Square Feet
    • Dimensions: 19 x 12
    Heating
    • Hot Water
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    Features
    • Basement: Block,Full,Storage Space
    • Number of fireplaces: 1
    • Fireplace features: Amusement Room, Gas
    Interior area
    • Total structure area: 1,803
    • Total interior livable area: 1,703 sqft
    • Finished area above ground: 1,203
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Guest
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Fencing: Wood
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 127
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 600
    • Parcel number: 1602824320018
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Thornton Park 2nd Div
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $490,600
    • Annual tax amount: $7,234
    • Date on market: 9/29/2026
    • Cumulative days on market: 58 days

    Price history

    DateEventPrice
    9/29/2026Sold$503,000+0.6%$295/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7122071 Report a problem
    8/20/2026Listed for sale$499,900-7.4%$294/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7122071 Report a problem
    12/1/2025Listing removed$539,900$317/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6788162 Report a problem
    10/3/2025Listed for sale$539,900+19.7%$317/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6788162 Report a problem
    9/30/2020Sold$451,000+13%$265/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5633453 Report a problem
    8/4/2020Pending sale$399,000$234/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5633453 Report a problem
    7/31/2020Listed for sale$399,000+9.3%$234/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5633453 Report a problem
    10/17/2013Sold$365,000-2.6%$214/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2076519 Report a problem
    9/5/2013Price change$374,900-2.6%$220/sqft
    Source: Coldwell Banker Burnet - Minneapolis Parkway #4397409 Report a problem
    8/9/2013Listed for sale$384,900+26.2%$226/sqft
    Source: Coldwell Banker Burnet - Minneapolis Parkway #4397409 Report a problem
    6/19/2012Listing removed$2,450$1/sqft
    Source: LifeCycle Real Estate Services Report a problem
    4/23/2012Listed for rent$2,450+4.3%$1/sqft
    Source: LifeCycle Real Estate Services Report a problem
    3/5/2012Listing removed$2,350$1/sqft
    Source: Hotpads for Rent Report a problem
    2/14/2012Listed for rent$2,350+4.4%$1/sqft
    Source: Hotpads for Rent Report a problem
    10/7/2011Listing removed$2,250$1/sqft
    Source: LifeCycle Real Estate Services Report a problem
    8/29/2011Price change$2,250-6.3%$1/sqft
    Source: LifeCycle Real Estate Services Report a problem
    8/9/2011Listed for rent$2,400$1/sqft
    Source: LifeCycle Real Estate Services Report a problem
    8/9/2005Sold$304,900+27%$179/sqft
    Source: Public Record Report a problem
    1/9/2003Sold$240,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,234 +9.9%$490,600 +4.6%
    2025$6,582 +10.3%$469,100 +5.7%
    2024$5,966 +1.8%$444,000 -3.1%
    2023$5,861 +5.2%$458,000 +2.7%
    2022$5,570 +5.7%$446,000 +10.9%
    2021$5,269 -6.5%$402,000 +1.8%
    2020$5,635 +6.9%$395,000 +5.1%
    2019$5,269 -6.5%$376,000
    2018$5,635 +8.7%$376,000 +17.7%
    2017$5,184 +2.8%$319,500
    2016$5,045 -3%$319,500 +5.1%
    2015$5,203 -2.1%$304,000 +14.9%
    2014$5,314 +10.8%$264,500
    2013$4,794 -5.5%$264,500 -8%
    2012$5,074 -5.6%$287,500 -10%
    2011$5,377 +10.1%$319,500 -5.1%
    2010$4,884 -6.3%$336,500 -4.9%
    2009$5,214 +17.5%$354,000 +10.5%
    2006$4,439 +10.5%$320,300 +15%
    2005$4,016 +8.7%$278,600 +15%
    2004$3,696 +15.1%$242,300 +12%
    2002$3,211 -56.3%$216,400
    2001$7,347 --
    Find assessor info on the county website

    Neighborhood: Lynnhurst

    Nearby schools

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    Estimated market value

    $502,900

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    Estimated market value

    $502,900